KillSwitch Finance New Pool Listing
KillSwitch Finance New Pool Listing $MOR — $BUSD Lp With +30% APY from ApeSwap On Binance Smart Chain Network.
MOR by Growth DeFi, a Cross-chain DeFi ecosystem with tokens and products designed to help holders and users earn more from their capital by borrow/leveraged yield protocol, self-repaying loans, derivatives, & options trading. With APY over 25% and the cherry on top? + 13% APY from KillSwitch.
Why MOR?
MOR is a overcollateralized stablecoin that allows users to use their yield-earning collaterals as leverage for borrowing and utilizes self-repaying loans (currently available on Avalanche), similar to “$DAI” which counterweight against the volatility of more popular crypto-assets.
Deposit with any token or LP!
Deposit with up to 4 tokens or LP of your choice, KillSwitch ensures that our users are not bound by limited choices on depositing.
OR set Take profit/Stop loss order to effectively manage your investments
What is TP/SL?
TP/SL is short for “take profit/stop loss”. Where…
Take Profit (TP) when the price is equal to or higher than the price set, TP Bot will Withdraw LP and convert it back to BUSD to the investor’s wallet.
Stop Loss (SL) when the price is equal to or lower than the price set SL Bot will Withdraw LP and convert it back to BUSD to the investor’s wallet.
How so? By referring to the price from Chainlink, the system will withdraw the stable coin such as BUSD instantly when the price reaches the setpoint without having to monitor the screens 24/7.
About KillSwitch
With promising features such as the “auto-compound” , “Mixture” and their latest release the “Take Profit/Stop Loss”, ensure that users are free to “unstake”, withdraw Liquidity Position from their funds or sell their high-risk assets effortlessly, and securely.
Source
Medium
